All Forum Posts by: Patrick Yungck

Simple question. If you had 70k sitting what real estate venture would you pursue and why?

James Dunn absolutely! PM me and we can work something out here soon.

Phillip Vincent Dan Heyman James Dunn Ryan Dossey I have to chime in on this feed and say that it's great to see other St. Louis Metro Area investors. I'm currently on the Illinois side in Edwardsville and have been looking for multifamily and commercial retail in St. Louis such has Richmond Heights to as far as Chesterfield. Phillip Vincent I would like to hear more about your rehab business and anyone else who would like to speak. I always love meeting other investors especially in the STL area.

Chris Winterhalter great find! I am from the St. Louis Metro Area and my company specializes in commercial properties. We currently are looking hard for large multifamily and retail/office in St. Louis, Clayton, Kirkwood, Richmond Heights, and even as far out as Chesterfield. We think that the next 5 years or so will be strong for our market! Best of luck and keep us posted.

Ben Gibson I am an investor from the Greater St. Louis Metro Area and can tell you that as enticing as a 10K flip sounds it most likely will not be worth your time. Homes in that price regardless of financing issues will be in areas that really will drive buyers away. Growth is coming to St. Louis over the next 5 years with the talks of a tech boom, so my company is looking heavily all over from Kirkwood to Chesterfield and everywhere in between. There is we believe great potential coming, but stay away from the 10k deals unless extreme due diligence has been done.

Chris Winterhalter it's a pleasure and I love seeing other investors out there and what they have to say. I look forward to all the new perspectives and networks that are available through this site! Real estate very much is a team business!

Chris Winterhalter I completely agree on your view as well it's a tough area, but they are still out there in most markets especially here in the Midwest. We here specialize in all aspects of commercial real eatate from land development (which) I'm am heavily getting into now, but have office retail as well as shopping centers. Commercial and multi-family on the larger scale are what I love and passionate about as well as raw land development.

The thing I love most about Real Estate is that most people get caught up looking at it as just the building and sometimes forget the land that it sits on. You don't put money into buildings....you put money into location. My niche is commercial real estate and now am starting to look at larger multi-family properties and senior care facilities. The one piece of advice I can give that has been extremely profitable to me is don't overlook that C class commercial or multi-family property that is sitting in a solid B location. It may take a little leg work up front, but once everything is in place it really pays for itself!

The thing I love most about Real Estate is that most people get caught up looking at it as just the building and sometimes forget the land that it sits on. You don't put money into buildings....you put money into location. My niche is commercial real estate and now am starting to look at larger multi-family properties and senior care facilities. The one piece of advice I can give that has been extremely profitable to me is don't overlook that C class commercial or multi-family property that is sitting in a solid B location. It may take a little leg work up front, but once everything is in place it really pays for itself!

Frankie Woods I actually have not heard about this deal yet! I will have to look into it more this coming week! Thank you for the heads up. I think there is large potential that has yet to be exploited in many areas in the St. Louis region that will increase in value over the next few years, and if you are a buy and hold investor like myself should throw off a great monthly ROI.